Some of you may remember those words from a famous Three Dog Night tune. A little further into the song comes this refrain:
It's just no good anymore since you went away
Now I spend my time just making rhymes of yesterday
It's my way of saying if you are a former subscriber of AllanTrends/Blue Line Trading System, you're missed, but not forgotten. Here are three low-priced ideas that deserve a place on your watch list. Whether you rejoin us or not, I think these charts merit your attention.
UNG Weekly
Tightening between rising support and descending resistance.
RXRX Weekly
Challenging the intersection of its base ceiling and longer-term downtrend lines
NAUT Weekly
Already sharply higher from its base, but still confronting descending weekly resistance
Three different charts, one question: Are these the early stages of larger advances? That is the opportunity I’m watching. Confirmation, option selection, and knowing when to get out will determine how we trade it. A promising chart is the beginning of the process.